[5] Vested Tokens (V|Link)
The Vesting Link
The Vesting Token mechanism offers a precise, secure, and time-based method of distributing value across multiple stages. It allows DPTF (True Fungible) Token owners to configure advanced, milestone-driven vesting plans for specific recipients.
Example Link:
V|AURYN-FPqVjgTGl4N8
1. Overview of Vesting Mechanics
To initiate vesting, a Token Owner must create a Vesting Link, enabling the issuance of Vested Tokens—which are Meta Fungibles (DPMFs). These represent locked portions of the original DPTF Token.
The original DPTF Tokens are transferred to the Vesting Smart Ouronet Account for safekeeping.
The recipient receives a Vested Meta Fungible, embedding a fixed release schedule in its metadata.
2. Vesting Schedule Structure
Each Vested Token is configured with:
Up to 250 milestones – Each representing a future unlock point.
Equal value distribution – The vested amount is evenly divided across all milestones. (Custom values per milestone are not supported.)
Unlock timestamps – Each milestone unlocks at a precise future time, with second-level granularity.
Total duration – Up to 25 years of vesting can be configured.
🧮 Example: A 1,000-token vesting with 250 milestones releases 4 tokens per milestone.
3. Lifecycle of a Vested Token
As time progresses and milestones are reached:
The recipient may cull the Vested Token, reclaiming the unlocked portion of the original DPTF.
Upon culling:
The unlocked portion is returned.
A new DPMF is issued, holding the remaining milestones.
This continues until the entire vested amount is fully recovered.
4. Cliff Configuration via Offset
Although varying milestone sizes aren't allowed, a cliff-like delay can be simulated through an initial offset:
The offset defines when the countdown to milestone #1 begins.
For example, a 7-day offset with 7 daily milestones means:
First token unlock occurs on day 8 (7-day wait + 1 milestone).
This allows for common vesting models like “wait-then-drip,” as seen in start-up equity, pre-sales, or hiring packages.
5. Key Characteristics
🔁 Multi-step unlocking Unlike Sleeping Tokens (which unlock all at once), Vested Tokens unlock incrementally over time—ideal for salaries, incentives, or grants.
🔒 Strict transfer restrictions Vested Tokens are non-transferable. No additional transfer roles can be configured. Only the original recipient can redeem them.
🔀 Non-mergeable Each Vested Token batch is independent. They cannot be combined, preserving the integrity of individual vesting schedules.
6. Use Case Example
A company grants 1,000 DPTF Tokens to a team member via vesting:
Configured as 10 milestones, each 30 days apart.
The recipient receives a Meta Fungible Vested Token that unlocks 100 tokens every month.
Over 10 months, the full 1,000 DPTF is gradually released—fully automated, predictable, and secure.
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